Thompsontown Volunteer Fire Company

Analysis

Thompsontown Volunteer Fire Company is a registered charity in United States, based in Thompsontown, PA. It received its IRS tax-exemption ruling in June 2023, 3 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Thompsontown Volunteer Fire Company reported income of $216k and spending of $202k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $80k to $216k (+168%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 140%. Over the whole period it spent 113% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Thompsontown Volunteer Fire Company sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within PA. Charities of a similar size with the same main cause include Potsdam Volunteer Fire Department Inc ($216k), Friedens Volunteer Fire Company ($216k) and Pine Mountain Volunteer Fire & Ems Dist Inc ($215k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% of the total. At year end it held assets of $502k against liabilities of $0, net assets of $502k.